BEducationEIN: 050312747

New England Institute of Technology

E Greenwich, Rhode Island

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.02×
Peer Median9.48×
💰
$78.6M
Total Revenue
📊
$81.4M
Total Expenses
🏦
$327.3M
Net Assets
📋
$100.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.5%
Year-over-year change (2022 → 2023)
Net Margin
-3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.02
Net assets divided by total expenses
Liabilities-to-Assets
23.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$78,623,6409%$81,361,3315%$427,278,7903%
2022$86,847,7952%$77,386,2712%$413,061,7165%
2021$84,796,11511%$76,178,1554%$436,933,5798%
2020$76,736,84215%$79,066,8956%$403,403,7441%
2019$90,594,3642%$84,532,5984%$405,521,2352%
2018$88,604,3786%$81,463,7895%$396,947,3151%
2017$83,604,86510%$77,918,46114%$392,214,5954%
2016$76,008,7943%$68,357,5033%$376,336,33623%
2015$78,082,7276%$66,249,6527%$306,777,4574%
2014$73,352,45610%$62,076,99810%$295,075,6755%
2013$66,899,5054%$56,677,9525%$281,633,4414%
2012$64,379,4379%$53,993,4042%$271,376,584
2011$70,668,019$53,113,965$270,844,391

Frequently Asked Questions

What does New England Institute of Technology do?

New England Institute of Technology is a education nonprofit organization based in Rhode Island. It is classified under NTEE code B400 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New England Institute of Technology financially healthy?

Based on our 9-metric Financial Health Score model, New England Institute of Technology has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does New England Institute of Technology generate?

New England Institute of Technology reports $96.2M in annual revenue and holds $441.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in Rhode Island.